Why Banks ?

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threaded replied

9 April 2009, 06:14
Originally posted by denver2k View Post

This guy Mark has a point.

Banks seem to be the root of all evil, but they lent to people. Therefore, are the people - the individuals on the street - not really the problem?

Well, all major religions have a problem with money lenders and money changers.

In the Bible it's listed as an abomination, and is considered worse than the section that many think prohibits homosexuality.
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hugebrain replied

8 April 2009, 19:33
Originally posted by Cyberman View Post

It's the banks fault that our pensions are ruined, our taxes are too high and that the cost of public services has escalated beyond HMG control.

I think you're being harsh. OK I admit we did the first two, but we're off the hook for the cost of public services. Nothing to do with me Gov.
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BrilloPad replied

8 April 2009, 19:18
Its the people stupid enough to vote labour who are at fault.

I bet most of them read the sun.
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Cyberman replied

8 April 2009, 18:39
It's the banks fault that our pensions are ruined, our taxes are too high and that the cost of public services has escalated beyond HMG control.
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centurian replied

8 April 2009, 16:35
Originally posted by denver2k View Post

This guy Mark has a point.

Banks seem to be the root of all evil, but they lent to people. Therefore, are the people - the individuals on the street - not really the problem?

Yes, a good point. However, I think they were doing more than simply lending to people. They were practically forcing credit down people's throats - and people who they knew couldn't afford to pay it back, but that didn't matter because they could reposses their house and get their money back anyway.

People and society need to take their fair share of the blame. If enough people had thought that just because the bank was prepared to lend them the money didn't automatically mean it was a sensible idea, then we wouldn't have had such a huge bubble ripe for bursting.
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Bunk replied

8 April 2009, 16:26
Originally posted by denver2k View Post

This guy Mark has a point.

Banks seem to be the root of all evil, but they lent to people. Therefore, are the people - the individuals on the street - not really the problem?

That would require people to take some sort of responsibility for their actions, and that's not fashionable at the moment.
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denver2k started a topic Why Banks ?

8 April 2009, 16:13
Why Banks ?

This guy Mark has a point.

Banks seem to be the root of all evil, but they lent to people. Therefore, are the people - the individuals on the street - not really the problem?
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